Real Estate sales in Whangamata have moved well in the month of October, with 17 sales completed by Real Estate Agents in the township.

During the three previous months there has been a total of 46 sales and for the year to date a total of 143 sales. This compares with 101 for the same period of 2010. Most of the sales have been around the entry level to medium range and mostly beach baches. The permanent market has been slow with few retirees moving in. The outlook is better for the permanent market as property in the cities are moving well.

The prices have in most cases been in line with the last rateable value which was current as at 1 July 2009. Buyers are very cautious when investigating their purchase and use all the options to establish a market value and in some cases a registered valuation.

September through to late November are historically our best selling months, so for anyone looking to sell it would be wise to act quickly and ask for an appraisal. These are usually free with no obligation to list. In my office we welcome the opportunity to appraise any property and discuss our marketing options.